76. If 60% financing is available on a certain income property at a loan constant of 11%, what equity cash-on-cash return is available where the overall rate is 10.6%? A: 5.0% B: 10.0% C: 6.5% D: 1.5%
76. If 60% financing is available on a certain income property at a loan constant of 11%, what equity cash-on-cash return is available where the overall rate is 10.6%? A: 5.0% B: 10.0% C: 6.5% D: 1.5%
Chapter19: Lease And Intermediate-term Financing
Section: Chapter Questions
Problem 13P
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Question
![76. If 60% financing is available on a
certain income property at a loan
constant of 11%, what equity
cash-on-cash return is available
where the overall rate is 10.6%?
A: 5.0%
B: 10.0%
C: 6.5%
D: 1.5%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff7ab5f4a-5103-40d1-a619-f2df3a506976%2Fbd195b0c-3e8b-4d8e-b979-f44a2d180987%2F4al2z1i_processed.jpeg&w=3840&q=75)
Transcribed Image Text:76. If 60% financing is available on a
certain income property at a loan
constant of 11%, what equity
cash-on-cash return is available
where the overall rate is 10.6%?
A: 5.0%
B: 10.0%
C: 6.5%
D: 1.5%
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